CVR 36951842Private limited company (ApS)Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721000)København VFounded 2 Jul 2015
Employees
17
CVR registry, Aug 2026
-3 (-15%) over 12 months
Gross profit
7.4M
DKK, annual report 2025
-50.1% on 2024
Result
-4.9M
DKK, annual report 2025
Equity
14.7M
DKK, annual report 2025
Dandex has recorded no changes to this company since it began following the register.
Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.
Dandex is Danish company data. Connect it once and ask about Grad ApS, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexLundberg Invest ApSCVR 36927666, 25% to under 33.3% of capital and votes, since 2 Jul 2015
TAN HOLDING ApSCVR 25437209, 10% to under 15% of capital and votes, since 14 Aug 2015
and 4 moreMax Tomas Lundbergsince 2 Jul 2015
CVR 2543720910% to under 15% of capital and votessince 14 Aug 2015
CVR 3692766625% to under 33.3% of capital and votessince 2 Jul 2015
5% to under 10% of capital and votessince 2 Jul 2015
5% to under 10% of capital and votessince 20 Dec 2018
5% to under 10% of capital and votessince 11 Oct 2024
5% to under 10% of capital and votessince 19 Dec 2024
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
CVR 305702195% to under 10% of capital and votes2 Jul 2015 to 22 Nov 2016
CVR 369039535% to under 10% of capital and votes2 Jul 2015 to 13 Aug 2015
5% to under 10% of capital and votes2 Jul 2015 to 19 Dec 2024
5% to under 10% of capital and votes2 Jul 2015 to 13 Aug 2015
5% to under 10% of capital and votes14 Aug 2015 to 29 Nov 2023
5% to under 10% of capital and votes20 Dec 2018 to 11 Oct 2024
5% to under 10% of capital and votes20 Dec 2018 to 15 Jul 2022
CVR records founders at incorporation. It does not record whether they are alive or still involved.
2 Jul 2015 to 2 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross profit | -82 | 4,670 | 7,434 | 14,777 | 7,380 |
| Operating profit | -4,230 | -4,535 | -2,272 | +2,160 | -6,457 |
| Result for the year | -2,915 | -3,462 | -2,872 | +1,469 | -4,925 |
| Equity | 5,992 | 8,892 | 6,021 | 19,626 | 14,701 |
| Total assets | 14,793 | 19,647 | 30,082 | 28,468 | 20,942 |
| Employees (average) | 7 | 7 | 9 | 13 | 14 |
| Credit metrics (Dandex calculations) | |||||
| Gross profit growth (vækst i bruttofortjeneste) | -101.1% | 36.6% | 59.2% | 98.8% | -50.1% |
| EBITDA | -1,628 | -1,200 | 1,472 | 6,912 | -1,715 |
| EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) | n.m.note 1 | -25.7% | 19.8% | 46.8% | -23.2% |
| Employee growth (vækst i antal ansatte) | 0% | 0% | 28.6% | 44.4% | 7.7% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | 234 | Not reportednote 2 | Not reportednote 2 | Not reportednote 2 | 691 |
| ROIC (afkast af investeret kapital) | -57.8%note 3 | Not reportednote 2 | Not reportednote 2 | Not reportednote 2 | -28.1%note 3 |
| Capex (investeringer i anlægsaktiver) | 4,700note 4 | 6,622note 5 | 6,466note 5 | 5,140note 5 | 3,936note 5 |
DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.
Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may. No cash flow statement filed (class A and B are exempt).
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 24 Apr 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 9 Jul 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 28 Jun 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 8 May 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 30 Jun 2022
1 registered in CVR.
P-number 1020546316Vesterbrogade 149, 1620 København V
No other current company drawn.
